Newcastle Port Corporation
 |
|
| Government-owned corporation | |
| Industry | Seaport management |
| Founded | 1996 |
| Headquarters | Newcastle, Australia |
|
Key people
|
Nicholas Whitlam (Chairman) Grant Gilfillan (CEO) |
| Revenue | A$97.24m |
| A$22.84m | |
| Total assets | A$502.18m |
| Owner |
Treasurer of New South Wales - 1 share Minister for Finance and Services - 1 share |
|
Number of employees
|
142 |
| Parent | New South Wales Government |
| Website | www |
Newcastle Port Corporation, a corporation owned by the Government of New South Wales, is responsible for the management, development and operation of seaport facilities within the Port of Newcastle, New South Wales, Australia.
Newcastle Port Corporation was established in 1996 pursuant to the State Owned Corporations Act, 1989 (NSW) and the Ports and Maritime Administration Act, 1995 (NSW).
According to Newcastle Port Corporation, the Port of Newcastle is Australia's first commercial export port; with coal first exported from the harbour in 1799, eleven years after the start of European settlement in Australia. During 2012/13, exports of coal from the port exceeded 142.6 million tonnes, at an estimated value of A$15.25;billion.
The Port of Newcastle is core to the city's economy and a vital part of Australia's coal industry. As at 30 June 2013, Newcastle Port Corporation employed 142 people. Under its enabling legislation, the statutory objectives of the corporation are:
Equity in the corporation is held jointly by the Treasurer of New South Wales and the Minister for Finance and Services, who hold their shareholding in trust on behalf of the NSW Government.
The corporations manages four spatial precincts within the seaport, each with a specific trade focus:
The Port of Newcastle welcomes more than 2,200 ships a year.
The Port of Newcastle is one of the world’s leading coal export ports with long term contracts underpinning exports to the Asian market. The two coal terminal operators, Port Waratah Coal Services (PWCS) and Newcastle Coal Infrastructure Group (NCIG), work under the Hunter Coal Export Framework to export coal while also ensuring future terminal capacity for producers.
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Wikipedia